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Navigating Complexity: Sales Tax Challenges with the Growing Gig Economy Featured

Explore the challenges of sales tax compliance in the growing gig economy and how businesses and accountants can navigate this evolving landscape.

The gig economy has revolutionized the way individuals approach employment, offering flexibility and diverse opportunities. As this sector expands, so does the complexity of managing sales tax compliance for freelancers and businesses alike.
The increasing reliance on independent contractors has blurred traditional tax definitions. Many states across the United States are ramping up efforts to ensure that sales tax compliance aligns with the rapidly changing employment landscape. Businesses utilizing the gig economy model must now navigate a myriad of sales tax codes and regulations that vary from state to state.
For instance, the trend in marketplace facilitator laws is shifting the burden of tax collection from individual gig economy workers to the platforms they operate through...
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